CSPF vs VYM
Cohen & Steers Preferred and Income Opportunities Active ETF vs Vanguard High Dividend Yield ETF
Which is better, CSPF or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CSPF | VYM |
|---|---|---|
| Expense Ratio | 0.59% | 0.04%Best |
| AUM | $314M | $81.6B |
| Dividend Yield | 5.79% | 2.22% |
| Holdings | 320 | 613 |
| YTD Return | +2.52% | +11.47%Best |
| 1Y Return | +3.86% | +15.94%Best |
| 3Y Return (annualized) | - | +18.03% |
| 5Y Return (annualized) | - | +12.35% |
| Volatility (annualized) | 3.3%Best | 10.3% |
| Max Drawdown | -3.1%Best | -14.5% |
| $10,000 over 1.6 years | $11,095 | $12,381Best |
| Fund Family | Cohen & Steers Funds | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | Feb 3, 2025 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 5, 2025 to Sep 21, 2026 (1.6 years).
CSPF vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.6 years both funds cover.
CSPF vs VYM Performance
Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF) is an ETF from Cohen & Steers Funds and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year CSPF returned +3.86% while VYM returned +15.94%. Year to date, CSPF is up 2.52% versus a gain of 11.47% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.3% compared with 3.3% for CSPF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.1% for CSPF and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CSPF charges 0.59% per year while VYM charges 0.04%. On a $10,000 position that is $59 vs $4 annually, a gap of $55 per year that compounds over a long holding period. On income, CSPF currently yields 5.79% against 2.22% for VYM.
Holdings Overlap
At least 2.4% of VYM's money is in holdings CSPF also owns.
Stated as a floor: for CSPF, our book for it covers 37.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
VYM and CSPF share little of their money.
4 positions in common, counted across the 138 positions we hold weights for in CSPF and 557 in VYM, against full books of 320 and 613.
Top Shared Holdings
You are not choosing between two funds in isolation.
Whichever of CSPF and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CSPF or VYM?
CSPF has an expense ratio of 0.59% while VYM charges 0.04%. VYM is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, CSPF or VYM?
Over the past year CSPF returned +3.86% vs +15.94% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), CSPF annualized +6.71% vs +14.28% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CSPF or VYM?
VYM has been the more volatile fund at 10.3% annualized versus 3.3% for CSPF. Worst drawdown: CSPF -3.1% vs VYM -14.5%.
Should I hold both CSPF and VYM?
CSPF and VYM have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CSPF and VYM?
At least 2.4% of VYM's money is in holdings CSPF also owns. Our book for CSPF is partial, so the real figure is this or higher. They hold 4 positions in common, counted across the 138 positions we hold weights for in CSPF and 557 in VYM.
Which pays a higher dividend, CSPF or VYM?
CSPF yields 5.79% while VYM yields 2.22%, so CSPF currently pays the higher dividend yield.
Is VYM better than CSPF?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.